The short-term rental industry is booming. Airbnb in particular has exploded in popularity over the past few years and is expected to continue its growth well into 2024. However, investing in property comes with a significant price tag and it may not be feasible for everyone. Fortunately, there is an alternative.
Corporate leasing airbnb allows you to rent a property and then sublet it for shorter stays. The property is usually already furnished, so it’s ready for use. This setup is ideal for investors who are looking to get into the rental market without investing in their own property.
However, finding a landlord willing to allow this setup can be difficult. This is because it is a more unconventional method of renting out property and some landlords might be hesitant to take on such a risk. It’s important to be honest with your landlord and explain what this business model entails. In addition, you should also be prepared to agree to extra terms that might help ease their concerns. These might include things like vetting guests before their stay or asking for a higher security deposit.
The best way to build a successful short-term rental business is by using a channel manager that will provide you with a single calendar for all of your properties, double booking protection, pricing synchronization and more. The right tool can help you make more money, grow your rental business faster and ultimately scale your business.